Copy & pasted from IN. Huat ah rocketman!
TheMysteryDay024 ( Date: 15-Mar-2021 07:11) Posted:
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$Intl Cement^(KUO.SI)
TLDR Version:  I continue to remain invested in ICG despite a high PE ratio at the moment. If you are interested to know why I feel this way, do read on. This is an abridged version of my actual post in what I posted on my sharing platform.
International Cement Group&rsquo s EPS / FYs Profit
FY2018: 0.0029 / 16.39m  
FY2019: 0.0028 / 15.73m
FY2020: 0.0016 / 9.010m (Without COVID, it should be 0.0034 / 19.7m)
FY2021: 0.0052 / 30.00m (Return to Normalcy, Charles&rsquo estimation based on 2 cement plants and limited forex losses due to oil prices)
International Cement Group&rsquo s PE Ratio (Share Price: $0.059)
FY2018:   20.3
FY2019:   21.0
FY2020:   36.8   (Without COVID, it should be 0.059/0.0034 = 17.35)
FY2021: 0.130/0.0052 = 25.0   (Return to Normalcy)
I will not deny that the PE ratio is higher than the average of 12-15. Investors may find ICG to be overvalued. However, the PE ratio only considers the present time. As an investor, a present 20-30 PE ratio will thus inform me that investors expect higher growth from the company as compared to the overall market. Also, once a company becomes more mature, it will grow more slowly, and the PE tends to decline. Thus, the present PE ratio reasonably suits ICG&rsquo s growth story, given that it is also still in the early stages of its growth.
Charles' preferred FA valuation of ICG: Price-to-earnings-to-growth ratio (PEG) &ndash PEG Ratio?
The price-to-earnings-to-growth ratio (PEG) ratio allows investors to calculate whether a stock' s price is overvalued or undervalued by analysing both today' s earnings and the expected growth rate for the company in the future.
International Cement Group&rsquo s PEG Ratio
FY2021: 25/{[(0.0052/0.0016) &ndash 1] x 100]} = 0.111 (Using actual FY2020&rsquo s EPS, below 1)
FY2021: 25/{[(0.0052/0.0034) &ndash 1] x 100]} = 0.439 (Using without covid-impacted FY2020&rsquo s EPS, below 1)
In theory, a PEG ratio value of 1 represents a perfect correlation between the company' s market value and its projected earnings growth. PEG ratios lower than 1 are generally considered favourable, suggesting the stock is undervalued. This is why I remain invested in ICG.
Hope this sharing is useful to some of you. Cheers!
- Charles
Haha I like ur nick.
LaoSai ( Date: 10-Mar-2021 18:36) Posted:
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One of few holding up in sea of red....hmmm
Wah sac capital report.
Sneaky Sia. Ownself check ownself
Self value at 28x pe. Tell u go buy.
Yum gong lo
Sell in strenght
It is not an insult,just speaking the truth.
Stock price down means keep quiet, stock price up come in to show off or create uneccessary excitement?
If he is your idol,better think twice. This kind of action is disgusting and speaks a lot about him in person.
Beware of karma JerryMaple.
Peace Out.
Stock price down means keep quiet, stock price up come in to show off or create uneccessary excitement?
If he is your idol,better think twice. This kind of action is disgusting and speaks a lot about him in person.
Beware of karma JerryMaple.
Peace Out.
NOOO DONT INSULT MY JERRY IDOL LIKE THAT. 😥 😥 😥 all be kind please. Part and parcel for a stock to head down and up....HUAT AH ICG!! YOU CAN DO IT!!
Bryant24 ( Date: 04-Mar-2021 16:41) Posted:
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Bro, i just share to warn people about this JerryMaple.
Might even write in to relavent departments if he keep up with his antics again.
I suspect he is part of a manipulation group to try hype up the counters.
This type of person really deserves karma.
When counter down, disappear, later when counter up, come back to create hype again.
Might even write in to relavent departments if he keep up with his antics again.
I suspect he is part of a manipulation group to try hype up the counters.
This type of person really deserves karma.
When counter down, disappear, later when counter up, come back to create hype again.
KarmaFollowYou ( Date: 03-Mar-2021 22:49) Posted:
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This Mr maple story keeps saying i wu sala bo i wu sala bo. And also keeps saying his convictions are zhun etc and now gone all quiet.
Maybe u are right. He could have scooped alot at low prices and when the price goes up , he hype and shout to get people to buy so that he can distribute out and earn. Like that not good. Very zek ark.. Amen.
Maybe u are right. He could have scooped alot at low prices and when the price goes up , he hype and shout to get people to buy so that he can distribute out and earn. Like that not good. Very zek ark.. Amen.
Bryant24 ( Date: 03-Mar-2021 09:47) Posted:
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Bro, this JerryMaple will only hype counters when its moving.
When down, he will just keep quiet.
Motive is very clear. Your nick suits him very well.
Maybe he is better off play maplestory using mesos to buy stocks.
When down, he will just keep quiet.
Motive is very clear. Your nick suits him very well.
Maybe he is better off play maplestory using mesos to buy stocks.
KarmaFollowYou ( Date: 03-Mar-2021 09:35) Posted:
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Now is it you wu sala or i wu sala?
Stop being stubborn bro. Its painful to be stubborn.
Stop being stubborn bro. Its painful to be stubborn.
JerryMaple ( Date: 27-Feb-2021 19:05) Posted:
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I where got wu sala? Shares are not rational. Doesnt mean good fundamentals and financial record will increase in share price. U slowly see ok brother. Dont be delusional.
JerryMaple ( Date: 27-Feb-2021 19:05) Posted:
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Bro..You wu sala bo?Keep talking down the stock for what? what is overvalue to you?Cant you see pre pandemic and pandemic the company still did well?This year will be even better..Come mon la.. I am vested..If you see my nick,better relook on your judgement...Mostly,i am right..This is the conviction..
KarmaFollowYou ( Date: 27-Feb-2021 13:06) Posted:
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Where is your going up after Results Announcement?
Is your compass pointing in the correct direction? Time to wake up and not staying lost in the cement forest.
Is your compass pointing in the correct direction? Time to wake up and not staying lost in the cement forest.
jlong0005 ( Date: 23-Feb-2021 13:35) Posted:
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I cannot believe many naive ppl out there still believe in this counter! It is way too overvalued. Fair value of it hovers around 0.025 to 0.041. For those who exit, wise of u to do so. For those holding on, good luck to you.
Shortists are targeting it, be resilient and stay vigilant!
Shortists are targeting it, be resilient and stay vigilant!
See u at 55.
Carefoo hor.
50 series easily.
very very carefoo hor. whahhaha
very very carefoo hor. whahhaha
yes, building up, go for it before too late.
shadow11 ( Date: 23-Feb-2021 14:17) Posted:
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Grand finale coming.
Carefoo hor.
Carefoo hor.
Cement will slowly move up after the result announcement. TP 13 cts not impossible.